CenterBook Partners LP Has $2.06 Million Stake in Uranium Royalty Corp. $UROY

CenterBook Partners LP reduced its stake in shares of Uranium Royalty Corp. (NASDAQ:UROY) by 40.8% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 478,887 shares of the company’s stock after selling 330,559 shares during the period. CenterBook Partners LP owned about 0.36% of Uranium Royalty worth $2,059,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Corient Private Wealth LLC purchased a new position in shares of Uranium Royalty during the second quarter valued at approximately $29,000. Thompson Davis & CO. Inc. bought a new position in Uranium Royalty during the 2nd quarter valued at $33,000. Riverwater Partners LLC purchased a new position in Uranium Royalty during the 2nd quarter worth $33,000. Integrity Alliance LLC. grew its stake in shares of Uranium Royalty by 36.4% in the 2nd quarter. Integrity Alliance LLC. now owns 15,788 shares of the company’s stock worth $39,000 after acquiring an additional 4,212 shares in the last quarter. Finally, Brookwood Investment Group LLC bought a new stake in shares of Uranium Royalty in the 2nd quarter worth $43,000. 24.19% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on UROY shares. Raymond James Financial reissued a “market perform” rating on shares of Uranium Royalty in a research report on Wednesday, January 14th. Zacks Research downgraded Uranium Royalty from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, November 26th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Uranium Royalty in a research report on Wednesday, January 21st. One research analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $4.50.

Uranium Royalty Trading Up 2.4%

UROY opened at $4.26 on Friday. Uranium Royalty Corp. has a twelve month low of $1.43 and a twelve month high of $5.52. The company’s 50-day moving average price is $4.12 and its two-hundred day moving average price is $3.81.

Uranium Royalty (NASDAQ:UROY) last issued its quarterly earnings results on Thursday, December 11th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.01). Uranium Royalty had a negative return on equity of 1.26% and a net margin of 1.95%.The company had revenue of $0.03 million for the quarter. Sell-side analysts expect that Uranium Royalty Corp. will post 0.01 EPS for the current fiscal year.

About Uranium Royalty

Uranium Royalty Corp. is a Vancouver-based mineral rights acquisition, royalty and streaming company focused exclusively on the uranium sector. Established in early 2021 and listed on the NASDAQ under the symbol UROY, the company seeks to provide investors with leveraged exposure to uranium prices without direct mining risk. Rather than owning or operating mines, Uranium Royalty acquires long-term royalties and streams on both production and development-stage uranium projects worldwide.

The company’s diversified portfolio encompasses royalty interests across multiple jurisdictions, including Canada, the United States, South America, Central Asia and Australia.